For Bevaris Alliance, what is the definition of 'Food Service Agreements' in terms of the parties involved?

According to the 2024 Bevaris Alliance Franchise Disclosure Document, Food Service Agreements are defined as written or verbal agreements between Bevaris Alliance and schools, institutions, and other businesses associated with the Bevaris Alliance system.

These agreements are significant because they outline the terms under which Bevaris Alliance franchisees provide food services to these institutions. The franchisor may select any franchisee for performance of a Food Service Agreement. After a franchisee is selected for a particular Food Service Agreement, the Franchisor may replace the selected franchisee with another franchisee or itself provide the Products and Services directly under the Food Service Agreement.

Prospective franchisees should understand the specifics of these Food Service Agreements, as compliance with their terms is required. Failure to comply with the Food Service Agreements can lead to termination of the franchise agreement. Franchisees must operate their business from the premises or as otherwise called for under a Food Service Agreement and keep the premises open during the hours required by the Franchisor and as set forth in the Food Service Agreements.